Already planning to lay off 900 workers from shipbuilding yards in Louisiana and Mississippi, Northrop Grumman Corp. reports that an additional 1,000 jobs in Louisiana and Mississippi will be lost to attrition, according to a report on GadsdenTimes.com. Since a hiring freeze was started last summer, 400 vacant positions have gone unfilled following resignations and retirements. The company said it expects to eliminate another 600 jobs through attrition within 12 months. On Monday, the company reported that it will lay off about 900 workers, mostly welders, over the next four months. Those layoffs are on top of 120 drafters and designers laid off from Northrop shipyards in January.
MARINETTE, Wis. − April 22, 2011 – Marinette Marine Corporation is currently in the process of recalling all of their laid off employees. Work is ramping up on The Alaska Region Research Vessel, the NOAA Fisheries Survey Vessel, along with continued work on the LCS Fort Worth. Work is also starting on LCS-5 the USS Milwaukee. The recall of the remaining laid-off employees marks an important milestone for the Company
Norwegian offshore supply firm Aker Maritime officials have announced the elimination of 350 jobs out of 1,070 at its Aker Verdal yard and said that the company would probably lay off 250 more workers from the yard by the end of 1999. "The decision is in line with plans announced earlier, and reflects a lower level of activity and depressed market prospects for the yard," officials said.
According to a report from The Chosun Ilbo, the labor union of Hanjin Heavy Industries and Construction's shipbuilding unit agreed on June 27 to end a strike that has lasted for over six months. The company will not rehire laid-off workers, but will compensate them if they voluntarily retire. Both sides also agreed to drop the legal cases against each other. Source: The Chosun Ilbo
A bipartisan coalition urge Congress to pass a Defense Appropriation Bill to avoid another Continuing Resolution (CR) & Sequestration. A bipartisan coalition of labor unions and maritime business owners affiliated with the Shipbuilding Council of America have jointly sent a letter to congressional leaders urging them to pass a defense appropriations bill and avoid sequestration cuts before the Navy begins widespread lay-offs and cancellation of ship maintenance on February 15, 2013.
Aquatic Asia Pacific Pte. Ltd, an Acteon company and subsidiary of Aquatic Engineering & Construction Ltd, inform it has successfully completed its new carousel, the AQCS-01-1500 maiden project. Aquatic partnered with integrated subsea services provider Kreuz Subsea on the project. The carousel was successfully used to install 9.7km of 218mm diameter umbilical in the South Belut field offshore Indonesia for ConocoPhillips
Boat manufacturer Outboard Marine Corp. said on Tuesday it plans to reduce its worldwide workforce by about 1,000 employees, or about 14 percent of its staff, and retained an investment banking firm to evaluate strategic options. The company said the moves to reduce costs and improve focus on key business segments are necessary to offset softness in the company's operating performance, which resulted primarily from material supplier problems in the engine division along with a recent
Nichols Brothers Boat Builders returned to work after the company laid off 185 employees Nov. 2. Shortly thereafter, the company filed for bankruptcy protection, a move necessitated by a big lawsuit filed by a disgruntled customer. While the bankruptcy issues are far from settled, Nichols Brothers was allowed to negotiate with individual boat owners to see that their projects, shut down on Nov. 2, could be completed.
“Today’s report from the Obama Administration on the job losses caused by their blanket deepwater drilling moratorium downplays the true impact being felt in the Gulf Region,” said Randall Luthi, President of the National Ocean Industries Association. “It will be no comfort to these unemployed workers to read how their plight could be worse had the Department’s earlier estimates of 23,000 rendered jobless been realized.”
Singapore’s perceived shortage of qualified, competitive maritime staff has come more evident, as foreign applicants often pip Singaporeans. A report from The Straits Times says that employers in the maritime sector say that foreign applicants often pip Singaporeans to the job because of a sense that they are more willing to work under the tough conditions in the industry. Last week maritime company Prime Gold International was barred by the authorities from
Meyer Turku handed over Mein Schiff 4 to TUI Cruises on Friday May 8, 2015, marking the first delivery from Turku Shipyard under Meyers’ ownership. The Meyer family, operators of the shipbuilding company Meyer Werft in Germany, became the 100 percent owner of Meyer Turku Oy just two days
The North Sea oil and gas industry has been urged to buck the trend and prepare for growth in the near future. Attendees at an event organized by subsea intervention and commercial diving specialists K.D. Marine in Aberdeen recently, heard an upswing in oil price was imminent and
China has outlined a first ever "white paper" on military strategy that outlined a more robust posture for its blue-water navy, and warned of threats to its security from "still smouldering" boundary disputes over land.
The world’s biggest nuclear-powered icebreaker keel laying ceremony took place of at the Baltic Shipyard on 26 May 2015. Heads of Atomfflot, the Baltic Shipyard and the RS Branch Office for Nuclear Vessels signed a Keel Laying Acceptance Report of the first serial nuclear-powered
By Alexandra Ulmer and Marianna Parraga CARACAS/HOUSTON, March 13 (Reuters) - A subtle change in office attire may be the most telling symbol of a quiet revolution taking place inside Venezuela's troubled economic engine, giant oil firm PDVSA.
After successful launches of two 45m Sunrise vessels – superyacht Africa (2009) and luxury yacht Atomic (2014) – the Turkish shipyard has recently laid the keel of the third 45m motor yacht at its yard in Antalya, with a scheduled completion time of 26 months.
On 26 March, the Solitaire pipe-laying vessel started on the first stage of the Polarled installation project. The 482-kilometre long pipeline will transport gas from the Aasta Hansteen field in the Norwegian Sea to Nyhamna in western Norway.
The future USS John Finn (DDG 113) was launched at the Huntington Ingalls Industries (HII) shipyard March 28. During launch the drydock was flooded allowing the 637-foot floating dock to slowly submerge until the ship was afloat. Once the drydock was fully submerged
With the energy market swoon in full blossom, Maritime Reporter checked in with Mark Charman, chief executive of global recruiting leader Faststream, for his insights on the breadth and depth of the impact to the offshore employment market. Uncertainty.
Recently, NOAA Fisheries released the implementation plan to support the latest National Saltwater Recreational Fishing Policy. The policy, announced at the Progressive Miami International Boat Show in February, was developed with input from recreational fishing and boating communities
Smart players leverage low debt, adjust work schedules, seek spot gigs and new markets 30%That’s the minimum level of capital expenditure cuts facing owners and operators of offshore rigs, vessels and various support services, as they scramble to keep equipment working and their heads
In a keel laying ceremony attended by key client representatives, Damen Shipyards Galaţimarked the start of construction of two Platform Supply Vessels – PSV 5000 – for Canadian maritime services provider Atlantic Towing. The 90-metre vessels are part of a multiple vessel order
As part of its first scheduled docking, Hapag-Lloyd Cruises’ EUROPA 2 underwent technical maintenance at Blohm + Voss in Hamburg from April 11-24, 2015. At the same time, cosmetic repairs and modernization work were carried out on board: the Sansibar and the Sushi Restaurant Sakura
Royal IHC is very honored to be part of the program on the King’s Birthday. Among other activities, the King and his family will be viewing a ‘Grande Maritime Parade’ in Dordrecht. The last ship in this spectacular show is the offshore vessel SEVEN SUN which was built by
Finnish cargo-handling machinery maker Cargotec announces savings measures in its subsidiary MacGregor to respond to the weakening market situation due to the low oil price and low number of new merchant ship orders. Cargotec is laying off some 220 employees globally at its